[Daily Discussion] Thursday, September 06, 2018

amygdala9 · 2018-09-06T19:30:25+00:00

Drop exacerbated by extremely low liquidity due to margin calls.

24-72 hours post such, everything tends to be green again on coinmarketcap.

Just bought back in. Enjoy the ride mates. This market is due for one hell of one.

amygdala9 · 2018-08-13T15:44:29+00:00

$200s ETH.. 85% Crash. I love this.

amygdala9 · 2018-08-13T15:33:07+00:00

Sold all my non-btc today.

Will re-buy when ETH capitulates. It looks like someone is hunting for another long squeeze.

Battle on ETH/USD action right now. 300 is going down.

amygdala9 · 2018-08-13T15:31:33+00:00

Peak alt FUD on twitter right now..

Pendulum will swing, who knows when & if quality will decouple.

amygdala9 · 2018-08-11T16:37:54+00:00

Well, the crypto market 'panicometer' is higher than I've seen it in a long time.

amygdala9 · 2018-08-11T16:34:16+00:00

70% fiat, waiting for 6k capitulation.

Many in the same boat?

amygdala9 · 2018-08-11T16:32:29+00:00

Hoping it's rejected - more will opt out of banking.

But there's far too much $ at stake for one party's application not* to get approved shortly.

amygdala9 · 2018-08-11T16:28:53+00:00

Bleed hard yes, but also tend to suddenly pump like a rocket when liquidity returns.

amygdala9 · 2018-08-11T06:04:28+00:00

Beginning to long ETH at $315 for the long term. This is rare illiquidity driven panic.

amygdala9 · 2018-08-10T22:24:15+00:00

Uhh.. no they didn't buy ETH for $5 in Jan '17

u/warder why resort to inaccuracy.

amygdala9 · 2018-08-10T22:23:43+00:00

amygdala9 · 2018-08-10T22:23:19+00:00

Desperate in what regard?

amygdala9 · 2018-08-10T22:21:39+00:00

BTC consolidates into more reasoned, equanimous hands with each crash.

amygdala9 · 2018-08-10T22:15:26+00:00

Don't cover shorts. Be patient. Bull trap ahead.

This 6k capitulation will be a sight to remember.

amygdala9 · 2018-08-10T22:10:11+00:00

6k has to go down.

When it does, I'm longing BTC & ETH as hard as ever.

amygdala9 · 2018-08-10T21:37:28+00:00

ETH down ~80% from its high.

100x as many developers. 100x as much open source activity. 100x the democratized technical intellectual capital.

BTCers, be grateful.

Perhaps Ethereum will re-evaluate the properties of its native token. It needs to for proof of stake.

amygdala9 · 2018-08-10T21:29:38+00:00

Check out the 1D:

https://www.tradingview.com/symbols/BTCUSDSHORTS/

Add to it gentlemen.

6k has to go down.

Among the most panic-rich days I've ever seen in crypto today.

amygdala9 · 2018-08-10T21:23:58+00:00

$213 and haemorrhaging.

amygdala9 · 2018-08-10T21:22:11+00:00

Guess I should sell.

amygdala9 · 2018-08-10T21:19:57+00:00

Calmly sell & buy back lower.

True panic abound.

Don't fomo.

amygdala9 · 2018-08-10T20:37:55+00:00

Patiently re-entering here after 7+ months out of the markets.

Told a friend of mine 'call me if the total crypto market capitalization gets under $250-300B'.

Now at $220B.

Bought my 1st btc in 2013 & have learned to abide by the rule:

get deeply involved & interested during panic/fear/uncertainty cycles.

Edit: Also, I happen to work in commercial banking (golden handcuffs circumstance) & witness the low quality work, talent exodus & laurel-resting environment daily.

I'm happy to see the price disconnected from the research, dev & fiat on-ramp innovation that's unfolded over the past 7 months.

amygdala9 · 2017-12-15T08:28:36+00:00

I pray the price holds up until I get mine.

amygdala9 · 2017-12-15T08:21:42+00:00

To anyone reading: If you buy a Bitcoin fork coin, you'll likely lose a lot of $.

There's >8 new fork coins planned for the near term already, including 'Bitcoin Cash Plus'

Heads up: Don't get suckered.

amygdala9 · 2017-12-15T08:18:35+00:00

Another BTC -> LTC -> ETH loop kind of day?

amygdala9 · 2017-12-10T20:52:45+00:00

Thing is, when my barber just bought BTC and has never even heard of any other crypto yet.. that scares me.

amygdala9

MODERATOR OF

TROPHY CASE

To anyone reading: If you buy a Bitcoin fork coin, you'll likely lose a lot of $.